The major studios have made their first big move in the 2020 cycle of labor negotiations with Hollywood unions. Now, the industry is waiting to see how that opening bid plays with the two unions that could be hot zones of volatility later this year: the Writers Guild of America and SAG-AFTRA.
The Directors Guild of America unveiled March 7 the terms of a new three-year master film and TV contract with the Alliance of Motion Picture and Television Producers, the bargaining unit for Hollywood’s major producers.
The good news is that the studios appear to be attuned to the need to deliver a significant increase in streaming residuals, a festering source of frustration for many creatives.
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